A membrane electrode assembly (MEA) is an assembled stack of proton-exchange membranes (PEM) or alkali anion exchange membrane (AAEM), catalyst and flat plate electrode used in fuel cells and electrolyzers. The PEM is sandwiched between two electrodes which have the catalyst embedded in them. The electrodes are electrically insulated from each other by the PEM. These two electrodes make up the anode and cathode respectively.
Proton-exchange membrane fuel cells, also known as polymer electrolyte membrane (PEM) fuel cells (PEMFC), are a type of fuel cell being developed mainly for transport applications, as well as for stationary fuel-cell applications and portable fuel-cell applications. Their distinguishing features include lower temperature/pressure ranges (50 to 100 °C) and a special proton-conducting polymer electrolyte membrane. PEMFCs generate electricity and operate on the opposite principle to PEM electrolysis, which consumes electricity. They are a leading candidate to replace the aging alkaline fuel-cell technology, which was used in the Space Shuttle.
MEA & PEM Fuel Cell Product Picture
Source: Secondary Sources and QYResearch, 2023
Using fuel cells can minimize the dependency on non-renewable energy sources such as coal, natural gas and petrochemical derivatives. Fuel cells employ electrochemical process for generation of energy and result in less combustion of fuels.
Growing demand for clean energy generation and reliance on fuel cells-based public transportation systems in developed regions is driving market growth.
The global MEA & PEM Fuel Cell market is projected to grow from US$1,494.29 million in 2023 to US$4,480.79 million by 2029, at a Compound Annual Growth Rate (CAGR) of 20.08% during the forecast period.
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